The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1887-10-15
II. G. DUNE co,
Wcekly Trnds Reyiew-Not so Encouraging
HEids4.- ma EYuectna Fgs4t-.-t -i.r-s.I I--

IH-
rs. rs Expected. .,sl-
New YonK, Oct. 14,-R. G. Dun & 90.
in their weekly review Of trade cay: In
spite Of many favorable conditions noted
last week, prices do not advance. The
Treasury added $50. .oOo. 900 to the circula.
ton in September and has added ebout
Il 100000 since the Baltimore & Ohio
bargain has been ratified aud Rsadinp re.
organization insured. Yet prices OF stock
fell on Wednesday to an average OF SSS n
per share, the loweo. since April and NAV,
1886, and excepting few weeks then, tho
lowest ior tTo years. 3 Wheat has Loaf
every advance since September 90; corn
for a fortnight past aud oats for a month
past has declined f., and pork 81 per bar.
rel. Oil is higher, but transactions insig.
nifcant. Coal is strong because Of the
strike, but iron and. steel are lower.
The elaborate statements Of exchanged
for the past year and quarter, only con.
ceal the fact that OF late exchaupss have
been falling bshind those Of last year
tirst at New York and then at other cities
and New England manufacturing .owps.
In short, the theory that more money!
ensures prosperity Gomez to grief again.
More than sl07,0o0,000 have been added
to the circulation within tho past fourteen
months. but the speculation thus stimu-
lated has wrought much harm already, and
c,ouded the future with doubt, While
great activity and expansion ere witness.
ed in aome branches OF business others
exhibit symptoms OF reaction. Steel rails
are again lower, salea were made last
week for S34, oprlng delivery, and some
maker5 are urging general stoppspe OF
works. Pig iron, No. l foundry, continues
scarce because of the LahiRh strike, bat
lower quotations como for grey forge and
also for bar iron. y. y. $3.50
A large increase appears in wheat, but
noteworthy increase in h,ur; of cattle
and pork exports decreased one-ha!f, and
there is some less in butter, cheese and
Interior reports are uniformly. more
favorable, though tight moaey and slow
collections are still reported from some
points. q. 5s.,B Z, E51
Iu Texas, where the cotton yield is said
to BIO ten per cent below last years, fail.
ures are more numerous, and many traders
are asking indulgence. But east Of the
Mississippi money is generally easier at
tho south, and partial failure OF crops is
as yet hardly recognised as cause OF dis.
turbRncs in 4 the northwest. II actual
loeses Of farmers are as large as the Octo.
her bureau report would indicate, how.
ever, some shrinkage in the volume OF
business must result. 5rf Il lSsF d IS
The dry goods trade, though rather less
active, hiss been fsirly satisfactory in vol.
ume, with prices we'll maintained, though
print cloths are ahsde lower. Shrinxavo
in woolen manufacture appears in report.
ed sales Of wool at Boston, which were
2l,Q00. 600 pounds for three months end.
ing October !, against 5S,0OO,OOO for same
months last year. The boot and shoe bu.
siness is active and healthy and the leath.
or market at last improves. In some 10.
calities at the West, where real estate
speculation began early last fall, mort.
cages begin to ripen and prices ore 10
longer maintained, while bankers decline
loans on real eatese. But the building Of
railroads and new towns and manufactur.
ing csntreo asill continues. The basinees
failures in the last seven daya number, ior
the United States l52. and ior Canada 20,
or total OF oO2, compared with 2l2 last
week and l7O for the corresponding week
In 1856. ,7tts, q So ~. - i33.'i : Z Ti,g